First Bank

Sunday, August 31, 2014

Staffer Scampers With Ex Defence Minister, Gen Theophilus Danjuma's N2b!

An employee just scampered with a life changing fund belonging to his boss.

The victim is identified as well known walker of the corridors of power, Gen Theophilus Danjuma. And the culprit is revealed as Manasseh Zorto.

The huge money in question is disclosed as N2billion

Here are details as reported.

'An employee of former Defence Minister, Gen Theophilus Danjum rtd, Manasseh Zorto is said to be currently on the run after allegedly defrauding his boss of about N2billion.

Zorto, who was to be arraigned before a Federal High Court in Lagos by the Special Fraud Unit (SFU) wasn't in court when his case was called up yesterday August 29th.

The counsel representing the SFU, Chief Godwin Obla (SAN) told the trial judge, Okon Abang that the police was still in pursuit of the accused.'.

....source lindaikeji.

Tuesday, August 26, 2014

Assemble Sacks Enugu Deputy Gov, Sunday Onyebuchi Over Offences That Include Operating Poultry Farm In Official Quarters!

The embattled Deputy Governor of Enugu State, Sunday Onyebuchi has been impeached by the State House of Assembly today (Wednesday August 26 ).

His impeachment, which was carried out precisely at 10:39 am came after the House adopted the 7-man panel report that investigated allegations of gross misconduct levelled against him by 22 of the 24 members of the House.

Part of the allegations against the unseated number two man includes operating poultry in his official quarters.

The motion for the adoption of the report was moved by the House Leader, Hon. S.K.E Udeh-Okoye. He said the panel of investigation had come up with the conclusion that the “allegations of gross misconduct levelled against Onyebuchi by the House have been approved.”

It would be recalled that the State Chief Judge had earlier set up a 7-man panel to investigate allegations of gross misconduct levelled against Sunday Onyebuchi before his impeachment.

Wema Bank Bar Customers From Premises Over Ebola Scare

Financial Institution Wema bank just introduced a severe approach to operational procedure over fears of deadly disease, Ebola.

Even in the face of assertions of by the Federal Government that possible spread of the dreaded virus is under control, the bank has implemented a policy that forbids customers with symptoms of the dreaded ailment from its banking hall.

Here is a detailed report of this development as sourced.

Wema Bank has introduced self-dispensing hand sanitisers, and body temperature scanners at all its branches in the country in a move aimed at curtailing the spread of Ebola.

The bank is also introducing protective gears for members of its staffs especially those who deal directly with customers.
In a notice to customers released Monday, the bank said henceforth all customers and visitors to any branch of the bank would be required to use the hand sanitisers and be scanned for symptoms of fever before being admitted into their banking halls.

“In the wake of the recent Ebola Virus Disease outbreak across West Africa, we are compelled to introduce the following preventive health and safety initiatives at all our business locations in order to ensure a safe banking environment for all customers and staff,” the bank stated.

“All customers and visitors are required to use the hand sanitisers and also undergo a quick non-invasive body temperature scan before being allowed into our banking halls and business locations.

“In addition, some of our staff at the more sensitive desks will also be required to wear some protective gears while interacting with customers and other visitors during this period” the document added.

The bank did not say what provisions will be made for customers who are denied access due to their body temperature or other health concerns. The bank did not respond to PREMIUM TIMES’ inquiry Monday.

The federal Ministry of Health said it was not informed of the move, considered by some as discriminatory.

A health campaign organization, Projekthope, said the new policy is discriminatory.

“We should all learn to do things right. The presence of Ebola symptoms does not necessarily mean transmission will take place,” said Steve Aborisade, who heads Ibadan-based Projekthope. “And even if we want to be hyper proactive it should be sensitive in ways that will not be discriminatory and which actually stops transmission which is our first purpose.”

However, a medical expert said the bank should go beyond screening and make adequate referral arrangements for customers who may be turned away due to their health.

“I don’t think we should see it in the light of a discriminatory policy, I think they are just trying to act on the side of caution,” said Osahon Enabulele, the immediate past president of the Nigerian Medical Association, NMA.

“The end point should be to aid the referral of such an individual to the nearest health facility for appropriate treatment. And of course, I expect that they should have a medical unit in the bank to quickly evaluate clients that may have suspicious features to properly evaluate them and not just to turn them away,” Mr. Enabulele said.

Monday, August 25, 2014

Extraordinary Man Of Commerce, Tony Elumelu Returns To UBA As Chairman!

Extraordinary business man and arresting individual, Tony Elumelu has taken yet another status leap.

He is now the chairman at leader by huge distance financial institution, UBA.

Here is a report of this development

The Board of United Bank for Africa Plc (UBA) Monday announced the appointment of Mr. Tony O. Elumelu as Chairman, succeeding Ambassador Joe Keshi.

The announcement was made in a statement signed by the Divisional Head, Marketing and Corporate Relations, UBA Plc, Charles Aigbe.

Elumelu is Chairman/CEO of Heirs Holdings, the pan-African proprietary investment company he founded in 2010, which holds stakes in a number of leading African businesses, including Transcorp, Nigeria’s largest listed conglomerate by market capitalisation, as well as UBA.

Elumelu retired as Group Managing Director and CEO of UBA in 2010, following the introduction by the Central Bank of Nigeria of 10-year tenure limits for bank CEOs.

He had served as CEO of the UBA Group for 13 years, where he was responsible for the creation of today’s UBA, a financial services institution that built a reputation for innovation and the democratisation of banking services and now spans Africa, providing services to more than 10 million customers, across the continent and in London, Paris and New York.

Widely regarded as one of the most influential business leaders in Africa, Elumelu has developed a reputation for identifying value and bringing a long term investment orientation and discipline to sectors critical to Africa’s development, including financial services, power, oil and gas, agribusiness, real estate and hospitality. As the founder of the Tony Elumelu Foundation, an Africa-based and African-funded philanthropy, Elumelu is committed to the promotion of entrepreneurship in Africa, based on his championing of Africapitalism, the philosophy that the African private sector is the critical enabler of the continent’s economic and social transformation.

The Chairmanship of UBA will complement Elumelu’s existing positions with other Heirs Holdings’ portfolio businesses, including the Chairmanships of Tenoil Petroleum & Energy Services Limited and Seadrill Limited.

“Tony Elumelu’s track record at UBA speaks for itself,” said Phillips Oduoza, Group Managing Director/CEO UBA. “His return to the Board brings a depth of knowledge and experience in the African financial services industry that is second to none. We are privileged to have him lead the Board at this critical stage in our development.”

AMCON Gets N10 billion judgement against Jorotom International, Threatens To Sell Off Company's Properties To Offset Debt

Jorotom International has been asked to pay the sum of N10,935,703,088.01 to the Asset Management Corporation of Nigeria (AMCON)by the Federal High Court in Lagos. Investigations

revealed that the judgement debt was in respect of the company’s indebtedness to AMCON following several cases of bad debts ramped up by Jorotom International.

It was gathered that Jorotom had taken up several regulatory agencies in the financial services sector following the classification of the numerous credit facilities it took from deposit money banks over the years as bad loans.

Digs further revealed that the Central Bank of Nigeria (CBN) had on November 21, 2012 published the names of high value debtors in Thisday newspapers, including Jorotom International and warned banks not to lend to the affected companies and Jorotom International.

Findings revealed that AMCON’s decisive steps to get the proceeds of the judgement debt against Jorotom International triggered panic in the medium sized company as its total capitalisation is less than N2 billion and would not be able to pay.

Besides, AMCON had threatened to seal up the company and begin the sale of the assets of Jorotom International, a measure that may lead to the death of the company in view of the harrowing and flat financial position of the company. It was gathered that profligacy and expenditures which are at variance with standard financial rules were at the heart of Jorotom’s financial predicament and accumulated debt profile of over N10 billion.

'I am Not A Fraudster and I Never Reconciled With Tosin Sido' Abdulahi Alao Divulged To Confidant.

Abdullahi, the torchlight of the legacy of late man of wealth and islamic leader, Aare Arisekola Alao has dispelled the unflattering moniker widely attributed to him as 'a fraud subsidy fraudster' as untrue.
The boss of axle energy made this assertion in conversation with a confidant recently.
The bearer of the famous name, Alao declared during chat 'I am not a fraudster nor have I ever defrauded anyone in my life' he stated emphatically.
And went to provide credible background ' For over five years before the incident (subsidy probe), customers pay me billions of Naira and none has ever been a fraud case, zero record.
'I delivered cargoes into Nigeria and in case you buy petrol from Total PLC, most likely bought what I supplied into the country'
The emerging money man who feels unfairly treated in the hordes of reports on the fuel subsidy mess explained maintain in the one on one conversation
'The only subsidy money I received is incomplete (as in under paid) as stated by EFCC officer in court, that the government is yet to pay me completely what is due to my company.
A statement which made the Judge ask, who was subsidising who, My company subsidising the government or vice versa.'
The source however claims the wearer of his (Alao) father's shoes refrains from going about town seeking clarification for his role in the whole episode - in the face of backlash against his person - with the statement
' I will not go on and grant interviews to anyone as I accepted what happened to me as a test from Allah.'
Information made available further revealed the petroleum marketer equally  took to the sword reports he has made up with estranged wife, Tosin Sido.
He is said to have stated categorically about the talks of a 'reunion'
' I never reconciled with Tosin Sido. Nor ever considered such.'

FCMB Bosses Inyanf Aniedi, Ogazi Oseiza Give Support At NYSC Inter - Platoon Orientation Cultural Event

Saturday, August 23 2014-  the National Youth Service Corps - Abuja arm- staged a wondrous concept.

It was the Inter - Platoon cultural event. And held at the NYSC Kubwa, Abuja orientation camp.

And bosses at severally recognised financial institution, First City Monument Bank - FCMB- were on hand to support the event.

The picture shows Retail Cluster head for FCT 3 (Abuja), Mr Inyang Aniedi and branch manager of Wuse 2, Mr Ogazi Oseiza - with Mr. Enweonwu Azubike, the Co-ordinator of the National Youth Service Corps (NYSC) in Abuja - performing Corporate Social Responsibilities duties on behalf of the bank.

Wednesday, August 20, 2014

NSC D.G, Elegbeleye Begins Underground Campaign To Succeed Ondo Gov, Mimiko & How He Fell Out With Sports Minister, Danagogo Over Moves To Amass Election Fund.

Mr Gbenga Elegbeleye, the Director General National Sports Commission  is in  the news for reasons outside of sports.

He is said to be very interested in succeeding out going governor of Ondo state, Olusegun Mimiko.

Sources however claim put plans in place to actualise his dream is already causing rumpus

'Amaechi, Kwankwaso Are Still Good Friends That I Hold In High Esteem'- Nuhu Ribadu, Ex Co Party Man & Presidential Candidate That Defected To Rival Party To Contest Guber Election.

Former Presidential candidate that defected to rival party to contest gubernatorial election, Malam Nuhu Ribadu has cleared airs on perceived animosity with his former party leaders.

Family Fight Over Burial Site For Socialite, Henry Abebe & Why Wife, Beatrice May Shun Funeral Rites!

 Family members are currently engaging one another over where to bury socialite and friend of many, Henry Abebe.
The cause of the on going grouse is disclosed as

EFCC Arrest First Bank Staffers For Stealing From Customers Account.

Gist filtering out from the office of financial crimes offenders apprehension agency, EFCC ( Economic and Financial Crimes Commission ) revealed staffers of popular bank led Mr Bisi Onasanya, First Bank have been arrested for stealing from customer's account.

2nd Africa Richest King, Obateru Akiruntan's Sons, Yomi & Femi At War Over Control Of Father's $300m Fortune!

The is a raging fight going on between half brothers and sons of one of the richest kings in Africa, Oba Oabteru Akinrutan. .

Sources confirmed his sons Yomi and Femi are presently at war over who controls their father's business empire valued at $300m - and discreetly positions himself as the successor of the popular monarch!.

Billionaire Jimoh Ibrahim Dumps Long Term P.A & Special Confidant, Pat For Disloyalty!

Controversial moneybag Dr. Jimoh Ibrahim will never cease to amaze and amuse. While workers in his dwindling conglomerate, especially those  in his three media companies, wallow in poverty due to several months salaries being owed, the self-styled Mr. Turnaround

Friday, August 15, 2014

Actress Lizzy Anjorin Replaces Her Land Rover LR4 Automobile With Higher Value Range Rover Evogue.

Role interpretter, Lizzy Anjorin has changed her automobile.

She replaced the Land Rover LR4 she 2years ago with a

First Bank Headquarters Shut Down Over N1.8b Debt!

The amalgamated union of public corporations, Civil Service, Technical and Recreational Service Employees (AUPCTRE) on Wednesday temporarily shut down banking operations at First Bank of Nigeria Plc headquarters in Lagos. 

Thursday, August 14, 2014

Ebola Scare Rocks Kwara State

Kwara state under the leadership of Governor Abdulfatah Ahmed just experienced a scare of dreaded killer disease, Ebola.

Here are

Rivers State Governor, Rotimi Amaechi Visits Sultan Of Sokoto.

Governor of Rivers State, Rotimi Amaechi was recently in Sokoto state to commission some projects.

He paid a courtsey visit to the sultan of Sokoto, Alhaji Sa'ad Abubarkar.

Students Bearing 'Amosun Is A Thief Placard', 'Reduce Our School Fees Now' Barricade Ogun Gov Ibikunle Amosun's Office

According to reports, students bearing placards with offensive messages have stormed the office of the Executive Governor of Ogun state, Ibikunle Amosun and forced a seal off.

Akwa Ibom Governor, Godswill Akpabio Doles Out N40m Bullet Proof Car To Friend

Akwa Ibom’s Governor God's Will Akpabio just made a major acquisition with government's - for private purposes. 

Monday, August 4, 2014

Prophet T.B Joshua Stops Healing Programmes To Prevent Carriers Of Deadly Disease, Ebola From Storming Church In Search Of 'Cure'!

Preacher widely known as T.B Joshua ( Prophet Temitope Balogun Joshua) is Prophet T.B Joshua Stops Healing Programmes To Prevent Carriers Of Deadly Disease, Ebola From Storming Church In Search Of 'Cure'! set to stop healing programmes in his much sought after ministry, Synagogue Church Of All Nations.

The move is aimed at

Sunday, August 3, 2014

T.B Joshua Warned From Harbouring Victims Of Deadly Disease Ebola In Synagogue In The Names Of Spiritual Healing!

Popular preacher, Temitope Balogun Joshua - T.B Joshua - has been warned not to harbour victims of deadly outbreak, Ebola at his Synangogua Church of all nations in the name of spiritual healing.
Synagogue derives it fame for claims of providing cure for ailments that are scientific riddles.

Here is a full report of